Key Points
- CEO Michael Komasinski sold 15,559 Criteo shares for approximately $268,082 at an average price of $17.23. The sale covered tax withholding related to vested equity awards, leaving him with 345,547 shares.
- Criteo reported quarterly EPS of $0.80, above the $0.71 consensus, while revenue of $428.0 million exceeded estimates but declined 11.3% year over year.
- Analyst sentiment remains mixed, with an average “Hold” rating and a $23.15 consensus price target. The company’s outlook remains pressured by a projected 10%–12% decline in 2026 contribution ex-TAC if large-client spending does not recover.
Criteo S.A. (NASDAQ:CRTO - Get Free Report) insider Ryan Damon sold 6,178 shares of the firm's stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $17.23, for a total transaction of $106,446.94. Following the sale, the insider owned 167,765 shares in the company, valued at approximately $2,890,590.95. The trade was a 3.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Criteo Price Performance
Shares of NASDAQ:CRTO opened at $18.38 on Friday. The company has a market capitalization of $923.50 million, a P/E ratio of 9.33 and a beta of 0.29. Criteo S.A. has a 1-year low of $15.57 and a 1-year high of $25.29. The firm's 50 day simple moving average is $19.70 and its two-hundred day simple moving average is $18.76.
Criteo (NASDAQ:CRTO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The information services provider reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.09. The firm had revenue of $428.02 million during the quarter, compared to analysts' expectations of $263.40 million. Criteo had a net margin of 5.60% and a return on equity of 14.33%. The company's revenue for the quarter was down 11.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.92 earnings per share. On average, sell-side analysts anticipate that Criteo S.A. will post 3.18 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on the company. BMO Capital Markets set a $20.00 price target on Criteo in a research note on Thursday. Wells Fargo & Company restated an "equal weight" rating and issued a $18.00 price objective (down from $34.00) on shares of Criteo in a research report on Wednesday, May 6th. Morgan Stanley dropped their price objective on Criteo from $29.00 to $25.00 and set an "equal weight" rating for the company in a research note on Thursday. Stifel Nicolaus cut their target price on Criteo from $30.00 to $29.00 and set a "buy" rating for the company in a research report on Monday, April 13th. Finally, Weiss Ratings reissued a "sell (d+)" rating on shares of Criteo in a research note on Friday, July 17th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $23.15.
Check Out Our Latest Research Report on CRTO
Key Headlines Impacting Criteo
Here are the key news stories impacting Criteo this week:
- Positive Sentiment: Criteo reported second-quarter adjusted earnings of $0.80 per share, exceeding the $0.71 analyst consensus. Revenue was $428.0 million, also above estimates, although it declined 11.3% year over year.
- Positive Sentiment: Management highlighted continued momentum in artificial-intelligence initiatives during its earnings call, offering a potential long-term growth catalyst despite near-term revenue pressure. Criteo Earnings Call: AI Momentum Amid Revenue Headwinds
- Positive Sentiment: The company appointed Connor McGogney as chief financial officer and canceled 4.5 million treasury shares, reducing its share capital. The cancellation could support per-share value by lowering the share count. Criteo Appoints Connor McGogney as CFO and Cancels Treasury Shares
- Positive Sentiment: Benchmark lowered its price target from $25 to $21 but maintained a “buy” rating, implying meaningful potential upside from the current trading level.
- Neutral Sentiment: Morgan Stanley cut its target from $29 to $25 and kept an “equal weight” rating. The revised target still indicates substantial upside, but the reduction reflects more cautious expectations.
- Neutral Sentiment: CEO Michael Komasinski, CFO Sarah Js Glickman and insider Ryan Damon sold shares to cover tax-withholding obligations tied to vested equity awards. The transactions reduced their holdings but were not discretionary sales based on the filings.
- Negative Sentiment: Criteo forecast 2026 contribution ex-TAC to decline 10% to 12%, assuming no recovery in spending from large clients. This weak outlook overshadowed the earnings beat and remains the primary fundamental risk. Criteo Forecasts 2026 Contribution Ex-TAC Decline
Hedge Funds Weigh In On Criteo
Hedge funds and other institutional investors have recently modified their holdings of the stock. Jones Financial Companies Lllp increased its holdings in Criteo by 1,376.7% in the 1st quarter. Jones Financial Companies Lllp now owns 1,270 shares of the information services provider's stock valued at $45,000 after acquiring an additional 1,184 shares during the last quarter. Invesco Ltd. lifted its stake in Criteo by 7.2% in the 2nd quarter. Invesco Ltd. now owns 16,313 shares of the information services provider's stock worth $391,000 after purchasing an additional 1,094 shares in the last quarter. Qube Research & Technologies Ltd boosted its holdings in shares of Criteo by 145.0% during the 2nd quarter. Qube Research & Technologies Ltd now owns 432,881 shares of the information services provider's stock valued at $10,372,000 after purchasing an additional 256,227 shares during the last quarter. The Manufacturers Life Insurance Company boosted its holdings in shares of Criteo by 41.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 8,587 shares of the information services provider's stock valued at $206,000 after purchasing an additional 2,524 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Criteo by 1.9% during the second quarter. Alliancebernstein L.P. now owns 4,411,988 shares of the information services provider's stock valued at $105,711,000 after purchasing an additional 82,134 shares in the last quarter. Institutional investors own 94.27% of the company's stock.
About Criteo
(
Get Free Report)
Criteo is a global technology company specializing in digital performance advertising and commerce media solutions. The company provides a range of AI-driven ad products designed to help brands, retailers, and agencies deliver personalized promotional messages to consumers across web, mobile, and connected TV environments. By leveraging large-scale data analytics and machine learning algorithms, Criteo's platform optimizes the timing, placement, and creative of ads to drive engagement and conversions.
At the core of Criteo's offering is its dynamic retargeting solution, which enables advertisers to automatically generate and display personalized product recommendations based on user behavior.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
